How to start mining RyoCurrency (RYO)? Pool Mining

in ryo •  6 years ago  (edited)

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Ryo, as a fork from #Monero which itself was initially based on the CryptoNote protocol, inherits all whitepapers and academic studies from #CryptoNote and Monero Research Lab. Additionally, Ryo has pioneered technologies such as #Cryptonight-GPU, which have been used by numerous other Monero forks.

Confidently Transact with the Highest Degree of Anonymity

Private

Ryo was conceived with the highest levels of privacy in mind. From day one, Ring Confidential Transactions (RingCT) with minimum #ringsize (mixin) of 25 were implemented to conceal every transaction. Ryo Blockchain analysis is impractical. Have piece of mind knowing that what you choose to do with your money is your business, not anyone else's.

Untraceable

As privacy is the core foundation of Ryo, sending and receiving addresses are encrypted and transaction amounts are obfuscated by default. Disposable ghost addresses conceal your real Ryo address from senders, allowing for truly anonymous and untraceable transactions.

Decentralized

Ryo adds privacy to the core of #Satoshi's vision of a decentralized, trustless cryptocurrency. Many other cryptocurrencies fell prey to centralization caused by #ASICS. Ryo will - as it has in the past - not allow this type of centralization to occur on its network through continued development of Ryo and its #Cryptonight-GPU algorithm.

Fungible

Ryo is truly fungible because of its built-in privacy features. Just like cash, nobody knows who had possesion of any particluar coin before them. Even better than cash, nobody knows the identity of who they're sending their coins to. It is extremely unlikely that Ryo will ever be blacklisted by any third party due to any association in prior transactions.

Anonymous

Ryo allows you to use a new ghost address for every transaction you receive. Never receive coins with the same address twice, even further reducing the astronomically tiny chance of you and your transactions to be traced.

Easy to Use

The Ryo #Wallet is an user friendly, easy to learn wallet that lets you store, send and receive Ryo. Our GUI wallet is one of the most easy-to-use and intuitive wallets around.

Technical Specifications

Algorithm: Cryptonight-GPU
Block Time: 240 Seconds - Difficulty adjusted every block
Emission Scheme: Plateau Distribution - Inspired by real-world mining production
Block Reward: 48.59 Ryo / Block - Fees Adjusted every six months
Total Supply: 88,188,888 coins in 20 years (including 8M dev. fund)
Circulating Supply: 7,812,023 (8.85% of total) As of 21 Nov 2018
Development Fund: 8.0 million coins.
Unlocked Premine: 100,000 #Sumo - Unlocked to #Sumokoin devs in 2017

Now that we know the details about RyoCurrency (RYO), let’s get to mining some RYO

RyoCurrency (RYO): Those who have no idea about mining can easily start mining by watching this video.

RyoCurrency (RYO) Mining Pool: https://ryo.herominers.com

SRBMiner Cryptonight AMD GPU Miner v1.9.3+ (Windows, AMD GPU)

Run guided_setup.bat file and answer questions:

Configuration name: ryo-herominers
Enter the algorithm name you want to use: 27 (Cryptonight Gpu)
Do you want to use double threads per GPU? y or n (optional)
Do you want to set a system shutdown temperature? 80 or (or 1 to turn off)
Do you want to set a GPU protection temperature? 72 or (or 1 to turn off)
Address and port of mining pool: ryo.herominers.com:10271
Password to use with the mining pool: YOUR_WORKER_NAME
Is this a nicehash pool? n
Is this pool using SSL/TLS encryption? n
Address of your wallet for this coin: YOUR_WALLET_ADDRESS (can be ADDRESS+PAYMENTID or ADDRESS.DIFF or ADDRESS+PAYMENTID.DIFF)
A unique identification name for your miner: workerName
Do you want to enable logging? n or y (optional)
Do you want to enable compute mode? y or n (optional)

XMRig v6.2.2+ (Windows, Linux, CPU, GPU)

Example start.cmd

@echo off
xmrig.exe --donate-level 1 -o ryo.herominers.com:10271 -u YOUR_WALLET_ADDRESS -p YOUR_WORKER_NAME -a cn/gpu -k
pause

XMR-Stak v2.10.8+ (Windows, Linux, CPU, GPU)

Run xmr-stak.exe file and answer questions:

Use simple setup method? (Y/n) y
Please enter the currency that you want to mine: ryo
Pool address: ryo.herominers.com:10271
Username (wallet address or pool login): YOUR_WALLET_ADDRESS (can be ADDRESS+PAYMENTID or ADDRESS.DIFF or ADDRESS+PAYMENTID.DIFF)
Password (mostly empty or x): YOUR_WORKER_NAME
Does this pool port support TLS/SSL? Use no if unknown. (y/N) n

Example pools.txt

"pool_list" :
[
{"pool_address" : "ryo.herominers.com:10271", "wallet_address" : "YOUR_WALLET_ADDRESS", "rig_id" : "", "pool_password" : "YOUR_WORKER_NAME", "use_nicehash" : false, "use_tls" : false, "tls_fingerprint" : "", "pool_weight" : 100 },
],

"currency" : "ryo",

CryptoDredge v0.23.0+ (Windows, Linux, NVIDIA GPU))

Create ryo-herominers.bat file and copy/paste example below.

@echo off
title RYO-Currency (RYO) HeroMiners Pool
CryptoDredge.exe -o stratum+tcp://ryo.herominers.com:10271 -u YOUR_WALLET_ADDRESS -p YOUR_WORKER_NAME -a cngpu
pause

Happy Mining.

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